Search Site

Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.

TAQA launches new corporate identity

Abu Dhabi Energy Services will be renamed as TAQA Services.

Rightmove rejects £5.6bn Murdoch bid

The property website said the bid was undervalued.
  • Residents of Gaza lament suspension of UN agency funding

    Gazans lamented the suspension of funding to the UN agency for Palestinian refugees by several donor countries after Israel charged...

    Several countries, including the United States, France, Britain, Germany and Japan, have announced the suspension of further funding to the agency.

    In Rafah, where 1.5 million displaced people have taken refuge, Gazans said that the support they received from the agency amounted to a lifeline.

  • Gaza bombing continues amid fears of wider regional conflict

    Israel's relentless military offensive has since killed at least 26,422 people in Gaza, most of them women and children, according...

    140 Palestinians were killed by Israeli bombing overnight, including 20 members of one family, said the health ministry in the Palestinian territory.

    In the latest efforts to broker a new ceasefire, CIA chief William Burns met top Israeli, Egyptian and Qatari officials in Paris on Sunday, but no breakthrough was reported.

  • Pakistan and Iran vow to restore ties after cross-border strikes

    Tehran carried out strikes against an anti-Iran group in Pakistan on January 16, the same week the nation's military targeted...

    During Pakistan visit, Iranian foreign minister said the hostilities could not be described as a "crisis" because relations had always been strong

    Pakistan Foreign Minister Jalil Abbas Jilani told the same briefing that both sides had agreed to strengthen dialogue at all levels

  • DAE, Turkish Airlines ink pact

    Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.

    The aircraft are scheduled to be delivered in 2025.

    DAE owns and manages 96 737 MAX family aircraft.

  • Iran denies links to Jordan drone strike that killed 3 US troops

    US President Joe Biden said on Sunday that "radical Iran-backed fighters groups operating in Syria and Iraq" were behind the...

    US Central Command said 34 personnel were also wounded, eight of whom required evacuation

    The strike marked the first US military losses since the war between Israel and Hamas began

  • Iran puts to death men convicted of spying for Israel

    The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused...

    The men had been recruited by Mossad "about a year and a half before the operation"

    They were sent to African countries for "training courses in the military centres"

  • Israeli ministers join thousands at rally for Gaza settlement

    The firebrand politician Itamar Ben-Gvir said Israel should "encourage voluntary emigration" of Palestinians from Gaza, echoing past remarks that drew...

    Sunday's rally aimed at pressuring the government to "return to the Gaza Strip and establish communities right away", said settler leader Daniella Weiss

    The Israeli military campaign, according to the Gaza health ministry, has killed at least 26,422 people, most of them women and children

  • Houthi rebels open seized cargo ship to sightseers

    For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...

    On board the ship, some visitors performed a traditional dance featuring the daggers that many Yemenis carry tucked into their belts, accompanied by chants glorifying the Houthis

    A Yemeni visitor Hamada al-Baydani, said he had travelled 400 kilometers (250 miles) from Al-Bayda, to see the seized ship, which he labelled "a source of pride for Yemenis

  • US vows to respond after troops killed in Jordan

    US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...

    In South Carolina, the president held a moment of silence for the slain troops

    CENTCOM said that the attack had hit a logistics support base in northeast Jordan

  • Oil rises on fresh Middle East fears after attack on US base

    "The news of three US troops being killed by a drone attack, and President Biden saying 'we shall respond', will...

    The attack - which came two days after Yemen's Huthi rebels struck a vessel in the Red Sea - ramped up tensions in the region

    Both main crude contracts rose more than one percent in early trade - hitting levels not seen since November - before paring the gains slightly